New World Order

OLDDOGS COMMENTS

If at least half of the citizens would read this article, I have no doubt there would be blood running on WALL STREET. If your closest friend, brother, or spouse would do these things to you, would you not take action? There are times and events when “an eye for an eye” is more than justified and these people deserve all the pain and grief that is possible to inflict on another person. If I were a rich man, I would be offering bounties on their eyeballs that could not be resisted. Does it not make your blood boil to read the details of how other people are working night and day to destroy you? What about your loved ones? Are they going to ever have a chance to enjoy all that life has to offer, or are they going to be murdered in cold blood for some minor infraction of the law? What about your parents, will they starve? Don’t you realize we can all work together and stop this travesty from happening? For those of you who read this and just shrug it off, God help you! For those with the courage to live, get involved and learn. The Federal Reserve is the most despicable method of control ever forced on humanity. Our entire monetary system is as crooked as a pretzel! And just as worthless. This is what happens when naive people trust their politicians.

By Olde Reb

Farm Wars

It would be the epitome of human folly to ignore the repetition of the same Wall Street financiers who have routinely inflicted financial chaos and abject poverty by debt upon the under-developed world for decades;

who now have leading roles in enforcing national IOU’s in Europe which they created and are now devastating each nation;

who created and manage the $20 trillion debt of the United States;

who are additionally the putative recipients of hidden profit from their Federal Reserve Ponzi scheme that embezzles trillions of dollars from the U.S. government;

who permeate and use the U.S. Treasury for their business enrichment;

who are additionally major lobbyists and the largest campaign contributors for candidates.

The 2008 worldwide financial chaos started on Wall Street with a sudden realization Mortgage Backed Securities (MBS) were junk bonds. European banks holding these securities panicked from devalued reserves. (do you think some European bankers told some NYC bankers they would be swimming with concrete boots if they did not buy $700 billion of toxic bonds real quick ?) Loans ceased to be available. Construction ceased while taxes from manufacturers and retailers plummeted. Tax revenue could not cover governments’ fixed expenses. Financial operations of European nations became managed by creditors to guarantee payments on loans while social programs and government salaries were slashed. Economists without a PhD would say a bubble burst.

Is there evidence the International Monetary Fund (IMF) and World Bank (WB) have similarly created debt in lesser-developed nations for decades and the same financiers are now moving up to European nations? Is this the advance of the New World Orderthat has been touted by the Council on Foreign Relations (CFR) for 50 years? Is the $17 trillion debt of the United States handled by the same financiers and is it now in the initial stages of collection? Has the major funding for these financiers for the past 80 years come from profit concealed by the Federal Reserve Bank of New York (FRBNY) which legally belongs to the U.S. government?

The answer is a collective YES.

The frustrating part is that the financiers received and hid the entire value of the U.S. debt when it was created but they will additionally ravish the U.S. when their fraudulent Ponzi scheme collapses.

THE LOAN ARRANGERS

Goldman Sachs (Goldman) assisted Greek politicians (who also ran the national bank) in 2003 to cook the books and impose massive debt upon the citizens (via derivatives and CDS) without their knowledge. Goldman made an initial gross profit of 600 million Euro on the arrangement and then made bets the “shitty” bonds would fail. The chaos of Greece has resulted in massive layoffs of government and civilian employees, loss of governmental services, impoverishment of the nation, riots, and has reduced much of society to dumpster diving. A Goldman man is now the Greek prime minister. The debt arranged by Goldman has been turned over to a troika of the IMF, ECB, and EC that is also supervising the finances of Cyprus and Portugal.

Goldman agents are also alleged to control the finances of Germany, Italy, Belgium, France, and UK to guarantee payment of debt. Even the CEO of the European Common Bank (ECB) is from Goldman. /1 Spain, Portugal, Ireland and Iceland each have severe economic problems of similar origins.

The loan arrangements of the WB and the IMF have resulted in impoverishment of many nations. After preliminaries, the following “conditionalities” are demanded. A select elite operates businesses manufacturing exports paying poverty wages while confiscated agricultural land produces items for export. Foreign contractors controlled by the elite have priority on required work. Food and essentials must be imported with control by the elite. National assets such as hospitals, utilities, and roads must be privatized for the lenders’ profit. Currency is devalued to benefit the creditors. /2 Society becomes a few rich elite with masses living in squalor; the middle class is eliminated. /3 Nations are plunged into destitution while Wall Street financiers receive $10 to $100 million in annual compensation.

The IMF and WB were established at the Bretton Woods conference in 1944 with primary architects being Alger Hiss and John Maynard Keynes. The first U.S. delegate to the IMF was Harry Dexter White. The agencies have headquarters in Washington D.C.. The IMF determines quota for shareholder nations based upon ability to pay. The U.S. quota for 2013 is SDR 42.1 billion (about US$64 billion). The U.S. has a 17.69 percent shareholder dominant control alleged by one source to be exercised by Timothy Geithner and Ben Bernanke. Another document lists Meg Lundsager as Director on the Executive Board to the IMF. One source identifies the U.S. government as paying 41 percent of total quotas while another IMF source lists 17.69 percent. The IMF holds 2,814 metric tons of gold among other assets.

The U.S. is also the dominant 15.86 percent shareholder of the WB. Robert Zoellick from Goldman was president of the WB from 2007 to 2012. He has also served as deputy Secretary of State. Lewis Preston from JP Morgan served as president from 1991 to 1995. Alden Clausen from Bank of America was president from 1981 to 1988. Ministers of Finance usually represent nations except for the U.S. The two organizations have an annual meeting together. Construction bonds are sold to raise capital. The groups claim that programs are derived from the United Nations to minimize U.S. government interference.

Members of the WB must first join the IMF by paying an assigned quota, and also pay 88 percent of the IMF assessment to the WB. Then, in summary, the nation must pay US$141,000 and $1.3 million in other assets to purchase shares of the WB. The nation is further obligated to have $22 million available in callable assets. Refusal to join or engage in a project can result in an initial penalty of trade sanctions.

The United States is the exclusive nation that has veto power over any policy change of the IMF and the WB. It is incontrovertible that Wall Street controls the two entities while they have an international government facade.

Ms. Lael Brainard, Undersecretary of the U.S. Treasury, formally requested the U.S. contribute $64 billion to the IMF on April 24, 2013. /4 The clarity of financial commitments and handling of U.S. obligations, as evidenced by the video of the committee hearing, appears to make the “shitty” Goldman debt to Greece a simple IOU. Obscuration is very profitable for financiers. One wonders if the IMF is ready to transfer physical possession of gold as collateral (at $32 per ounce) to the U.S. (not to FRBNY) for $64 billion.

Rampant corruption within the WB has been reported by whistle blower Senior Counsel Karen Hudes who exposed programs of the Bank of International Settlements (BIS) and the Federal Reserve to control nations. She was promptly sacked (pardon the pun). /5

The CEO of the IMF has confirmed the objective of world government. /6

INITIATING DEBT

Joseph Stiglitz, former chief economist for the WB, has commented that a ten percent commission for a corrupt politician (such as a finance minister) in a hidden bank account can readily result in a huge debt imposed upon the citizenry beyond their ability to pay. A private debt then becomes a public obligation.

A typical project will raise funds to build a huge electrical power plant or some other large capital investment. The financiers sell bonds backed by the government. The loan requires construction be performed by firms chosen by the lenders. The electrical power will be used to process the nearby aluminum mining owned by the lenders. After construction is finished, the export of ingots to the U.S. is determined to be unprofitable and is discontinued. The nation loses the revenue of the mining but must still pay for the construction bonds, which results in national financial chaos and austerity.

Iceland, as a different methodology, was fleeced by foreign bankers that corrupted the CEOs of Iceland’s three banks. 7 The common thread is that monumental taxes are imposed to pay a pseudo-government debt arranged by a foreign financier which crushes the nation .

Chossudovsky documented numerous third world nations impoverished by the IMF through currency devaluation. The European Common Bank (ECB) is restricted in its issuance of Euros by a requirement to obtain authorization from member states. This controls the issuance of fiat money. (An alternate fiat currency by the IMF could be SDRs.) If the European nations give the ECB authority for unrestricted printing of the Euro (to save Europe from financial disaster, of course) it will affect each and every nation of the Common Market. It will allow stealing the wealth of each member nation by the printing press just as interest bearing Federal Reserve Notes replaced U.S. Notes in the United States during 1913 to 1933. It will put all of Europe under perpetual inescapable debt.

[QUESTION: Is the Euro issued with the same fraudulent hidden profit scheme the Federal Reserve uses for Federal Reserve Notes? See footnote 33. The Rothschilds have used this scam for centuries.]

The Council on Foreign Relations (CFR, created by David Rockefeller) is a social façade of businesses and organizations to multiply gains and eliminate competition. The organization’s secret agenda is to promote a “New World Order” that would be led by the financial elite; it is touted as the utopian society. /8

The interlocking Board of Directors of major businesses which allows control by Wall Street involving Rockefeller trusts and foundations has been known for decades. /9 Recent research concludes sixty percent of global revenue is through Transnational Corporations controlled by financial interests on Wall Street. One percent of corporations control more than 40 percent of world trade. 10 Such concentration is identified to cause economic instability. /11 The common ownership of commercial enterprises with government coercive power to eliminate competition does not appear to be in the best interest of the people.

The relationship between international financial institutes is not completely harmonious despite the close affiliation. Stories circulate that Dominique Strauss-Kahn was promoting a new world reserve currency to replace the U.S. Dollar. A visit to New York City is alleged to have led to incarceration and trumped up criminal charges. Charges were dropped after he resigned as head of the IMF. /12 Several years ago the BIS announced it was going to audit the Federal Reserve. It is not known to have occurred.

The Wall Street Journal informs us the IMF is projecting tax increases in a considerable number of “advanced” nations such as the U.S., Europe, and Japan. The story relates it will be a “significant” tax on the wealthy. We all know how that goes. Does David Rockefeller pay any personal taxes? Tim Geithner only pays taxes when he wants congressional approval for a government appointment. The IMF is telling us the middle class is going to get reamed (the IMF says the U.S. has way too low of a tax rate) just like what has been done in the under-developed nations. The future U.S. society will consist of the abject poor and the elite—no middle class. 13

ENTER THE ENFORCERS

It would be a mistake to blame greedy politicians for all of the rapacious debts. John Perkins informs us that if the financier’s offer of a loan is refused, the CIA “jackals” are called in for a “wet operation” (murder). /14 It is assumed similar pressure may be put on nations to coerce membership in the WB and IMF. Colonel Gaddafi refused to join and paid the price.

The CIA’s School of the Americans (now WHINSEC) brings foreign military leaders to the U.S. for training. The sessions include recruiting CIA assets along with teaching torture and suppression of protests against their local government. It also permits screening and recruitment of future puppet leaders for nations that require a coup if a ruler becomes reluctant to pay a debt. Al Queda was created by the CIA in the 1980’s (with Osama ben Laden as the leader to drive the USSR out of Afghanistan. When Osama wanted the U.S. out of Afghanistan, he had to go.) and is now spun as the cause for endless violence, terrorism and martial law. /15

Numerous sources including the congressional Church Committee have confirmed nefarious acts by the CIA. They include initiating terrorism disguised as revolutions and assassination squads not always in the best interests of the U.S. /16 /17 Blackwater (now Academi) mercenaries have acknowledged being operatives of the CIA. The CIA as the muscle arm of the CFR should be obvious; the U.S. government does not have a financial gain from exploitation.

The CIA has been identified by an Italian Supreme Court judge as the controlling element used by the Bilderberg organization to manipulate governments such as in Operation Gladio involving numerous murders. /18 Rulers who put national interests before financiers’ exploitative interest are demonized by the U.S. as building nuclear weapons, or abusing the indigenous people, or harboring terrorists, or using chemical weapons, or possessing weapons of mass destruction, or some such. If the methodology developed by CIA agent Kermit Roosevelt in 1954 (of recruiting local malcontents and dregs of society with promises of grandeur and supplies of weapons for a rebellion against tyranny) to overthrow the miscreant ruler fails, the U.S. media (all members of the CFR) will be used to inflame the masses to support U.S. military aggression. Recipients of CIA/Wall Street largess include Saddam Hussein, Osama bin Laden, Fidel Castro, Muammar al-Gaddafi, Chavez, Samosa, Noriega, Shah Pahlavi, Stalin, and Hitler.

If nationalistic priorities preempt exploitation, the ruler must go. Hitler was TIME magazine’s 1938 Man of the Year, but then he attacked Stalin. Antony Sutton has documented Wall Street’s sponsoring of Stalin while publicly demonizing him. When Aleksandr Solzhenitsyn made the same observation, his U.S. speaking tour was abruptly canceled. Wall Street could not let JP Morgan’s $60 million investment in the Bolshevik Revolution (that gave Morgan the Czar’s largest gold hoard in the world) be attacked. If prompt policy decisions were not available from Moscow, they could be obtained from Manhattan.

The U.S. military is the ultimate force to squelch any recalcitrant nation or depose any ruler who establishes a central bank that is not subservient to the BIS. A compliant press to ballyhoo national defense and security is assured by CFR members for the proper spin to gain public support. War mongering is a most profitable business for the CFR. /19 The CIA uses the U.S. military as a cover, as a supplier of material, and as a source of mercenaries. /20 U.S. embassies are routinely used as an operational base for the CIA and at least one (Libya) has been alleged to be a torture prison and the source of arms for foreign rebels. It is Wall Street that determines the next nation the U.S. must destroy. /21

President Obama, his parents, and his grandparents have a lengthy history with the CIA. /22

President George H.W. Bush was CIA Director in 1976. As President, he invaded Iraq in 1991 over weapons of mass destruction that were never found. Numerous other lies to hype aggression have been documented. He called for a New World Order in a speech before Congress on September 11, 1990 and in a speech before the United Nations on September 21, 1992. Colonel Oliver North confessed that Bill Clinton, as Governor of Arkansas, facilitated the CIA operation of gun running and drug smuggling after Ollie was granted immunity by Congress. The fatal mistake by President Carter was to slash funding for the CIA and his termination of 500 agents. Fletcher Prouty claims that Bush (as ex-head of the CIA) and the head of the Democrat National Committee successfully made a deal with the Iranians to defeat Carter with the “October Surprise.”

JFK made an Oath to shatter the CIA after he took the blame for the CIA’s sabotaging the Bay of Pigs invasion. He also planned for the U.S. to discontinue the CIA’s war in Vietnam. Did Richard Nixon’s nixing of the CIA’s use of Tibetans for warmongering with China lead to the CIA’s blundering men burgling Watergate? Tapes released in 2013 reveal that Nixon was concerned that factors would torpedo the summit between the U.S. and the Soviet. He warned Kissinger that if they did, he would publicly denounce them on prime time television. The CIA is suggested to have torpedoed Ike’s dream of peace talks with Khrushchev by using a sabotaged CIA U2. /23 Messin’ with the CIA can have repercussions.

Yugoslavia (Bosnia) was a victim of a more traditional invasion by the U.S. military after the nation refused to be controlled by the BIS banking system and would not allow western powers to exploit their vast natural resources. /24

Military action and false flag tactics by the CIA have been evidenced from Tonkin Bay and the Bay of Pigs. Even before the CIA, HMS Lusitania was a thinly disguised British naval vessel carrying civilians and 500 tons of contraband military explosives deliberately sent into a German submarine patrolled area at reduced speed without escort or evasive maneuvering — it was a set-up used to hype the U.S. into WW I. Similarly, the Japanese diplomatic code was broken 17 months before the “non-surprise” attack on Pearl Harbor. 25 The oil from Indonesia occupied by Japan was coveted by Wall Street. The 9/11 terrorist attack which collapsed three towers of the World Trade Center has endless evidence the official report conflicts with any rational analysis. The monumental resources necessary to produce the preliminary conditions, the acts of violence, and the cover-up of forensic evidence far exceed the capability of any cave dweller in Afghanistan./ 26

THE EXECUTIVE BRANCH

The US Department of Treasury has been involved with the Financial Stability Board (FSA,“the fourth pillar of international economic control”) of the World Trade Organization (WTO). They and G20 now assert international regulation of shadow banking. A report claims, among other things, to contain authorization to seize bank deposits as in Cyprus. /27 Compliance with Wall Street objectives is historically confirmed.

Greg Palast has posted an expose’ of an internal memo dated 1997 from Tim Geithner to the Deputy Secretary of the U.S. Treasury Larry Summers. The memo relates how the U.S. Treasury is negotiating (in secret and on behalf of Wall Street) for the FSA to redefine commodity to include the “end game” of financial instruments. All foreign governments would then be required to guarantee payment of derivatives held n their banks. /28

Implementation of the plan was led by Geithner and is asserted to have caused the European chaos. The memo includes the private telephone number of five major Wall Street CEO’s so the acceptability of the negotiations could be readily confirmed.

Larry Summers, the boss of the above scheme suggested by Palast to be a criminal offense, has been the Chief Economist at the WB and has worked for a hedge fund. As Secretary of the Treasury he strongly opposed regulation of Credit Default Swaps and other financial controls, and was nominated for CEO of the Federal Reserve. Tim Geithner went from a Treasury neophyte to the IMF then to CEO of FRBNY, to tax evader, to Treasury Secretary who wanted a trillion dollar bailout for banks and for the Fed to have expanded powers, to potential CEO of Federal Reserve.

Total exposure of derivatives (creations of Goldman that now has a minimum $41 Trillion exposure; $70 Trillion by Morgan Chase) may exceed $600 or $1,000 trillion and is largely held by four Wall Street banks. A successful hedge fund operator recently kept a $2 billion profit made on derivatives while depositors will have their bank accounts seized when derivatives tank. Small wonder the government is buying arms and ammunition for many government agencies to suppress public reactions. State police forces are also being militarized to control demonstrations.

TREATIES, PACTS, AND PARTNERSHIPS

A 1972 Executive treaty gave control of 68 percent of U.S. National Parks to the United Nations. Legislation has since required Senate approval of treaties but Secretary of State, John Kerry, claims to be able to make valid U.N. arms control agreements. Executive negotiation and international agreements are touted to supersede any provision of national sovereignty or any act of Congress.

Another early treaty was North American Free Trade Agreement (NAFTA), which, according to some reports, bankrupt Detroit for the benefit of CFR members. The land grab by United Nations Agenda 21 involves UN control over huge areas imposed under the guise of environment protection for the economic benefit of elites. /29

The Transatlantic Trade and Investment Partnership (TTIP) is being negotiated by the Trade Representative (an Executive office) “to accord non-discriminatory treatment to investments and investors from each others’ jurisdiction for both new and expanded investments, with only limited exceptions (taken on a negative list basis).” Parenthesis in original. /30 This is understood to read: Wall Street financiers cannot be excluded from local markets. Sovereignty over investment questions would lie in the WTO to decide disagreements. Any new investment cannot be challenged on a national basis and any absconding of money (theft) is legal unless it is specifically listed on a negative list.

The TTIP usurpation of sovereignty over the United States and European nations is being secretly fast-tracked by President Obama at the negotiations of July 2013. The CFR is pushing for bankers to have financial control of the U.S. similar to the troika control of Europe. /31 The CFR and CIA are claimed to be responsible for creating the EU with the U.S. to be merged later.

The Trans Pacific Partnership (TPP) has involved negotiations with nine nations for seven years pursuing similar control over: “…trademark, geographical indication (cellphone and GPS ?), copyright and related rights (control of the Internet?), patents, trade secrets (protection for CFR members only?), genetic resources (such as GM crops?), and traditional knowledge (any adverse comment on world government is a crime?)…” /32 An international body would adjudicate questions over these items. The concentration of authority is similar to WB/IMF demands imposed upon creditor nations. Jonathan Turley identifies the TPP ambition to control a monopoly market in pharmaceuticals. /33

Clearly, treaties are used to further NWO control and assistance comes from within the United States government in accordance with the objectives of Wall Street.

THE FEDERAL RESERVE

Is the United States immune to this worldwide exploitation by Wall Street now being experienced in Europe? Clearly not so. The lingo of austerity to condition the public to hardship is already in the media. Government spending and taxation is escalating while the people are warned of reduced government benefits and jobs (and airline traffic delays). The $20 trillion in national debt hangs like a Sword of Damocles while the people are not aware of the fraudulent nature of the inescapable obligation nor the dire consequences of debt collection.

Every dollar of deficit spending ($4 Billion EVERY DAY –7/52 !!) is hidden profit for the Federal Reserve Board of Governors ({BOG}, with ownership assumed but assured to include Goldman and other Wall Street banks) using the auction accounts of Treasury securities. The $8 trillion annual receipts and disbursements of the auction accounts are exclusively handled by the FRBNY. They have never been subject to external audit nor are they reported to Congress as required by law. No viable alternate mathematical conclusion for revenue from deficit spending securities has been found. /34

The profit of the Federal Reserve (Fed) legally belongs to the government and assuredly the purloined funds have helped finance the Wall Street cabal. Concealment of funds that belong to the government is embezzlement. The Fed operates a Ponzi scheme that is inherently designed to self-destruct. The debt created can never be paid. Issuing a Treasury security to the Fed for deficit spending creates the principal of the “loan.” The interest to pay the loan does not exist. (The fractional reserve practice of the commercial banks does not change this. Each dollar of fractional reserve has been created from a Treasury security or its numerical multiple.) A contract that cannot be culminated is void from its inception — it is an act of fraud. /35 The Wall Street bankers are alleged to be owners of the (privately owned) BOG. Whether the BOG is operating as a government contractor rather than a government agency, or has lost sovereign immunity for systemic violation of its statutory charter or as a criminal embezzler, depends upon the viewpoint. /36

[NOTE: The Federal Reserve banks have recent congressional authority to write checks on their own accounts (i.e., to create money as used in the quantitative easing {QE} purchases) in the same manner as commercial banks. They are not restricted by a reserve requirement as are the commercial banks. The Fed can potentially write any amount to cover all loss from derivatives held by Wall Street banks that become worthless. The guaranteeing of derivatives, which were created by Goldman, will be like the banks writing themselves a check then having the public pay them for it.]

Every action of the Federal Reserve for the past five years, which cloaks its operation in as much secrecy as possible, has been to protect Wall Street and international bankers. A Federal Reserve whistle blower relates the more than $1 trillion created by QE’s was to rescue New York banks; it was not to help the economy or homeowners. /37 To conclude the $17 trillion national debt (and growing exponentially) will be forgiven is naive. Wall Street banks that handle the redemption of Treasury securities will foreclose in any number of ways. The devouring of Greece and Cyprus will be but a morsel compared to the frenzied gorging on the citizens of the U.S. being endlessly plundered.

[The FRBNY is reported to hold 7,700 tons of gold in its vaults asserted to belong to other nations. The hoard has never been audited. Germany’s demand for the return of their gold has been refused. Gold bars from Fort Knox sold to China were found to be bogus with the Fed being implicated. /38 ]

Wall Street banks also control the Depository Trust and Clearing Corporation (DTCC) which handles $1.7 quadrillion in securities annually. The ownership of equity or securities held by DTCC is valued at $40 trillion book entry transfers of shares are made for financial market purchases. John Q. Public believes he owns shares in XYZ Inc; actually, DTCC owns the shares. Dividends from companies go to DTCC for distribution. Delays in the transfers of ownership stock have been made at the option of DTCC. Facilitation of naked short selling is also a recorded practice. The bottom line is to reflect on confiscation of depositors’ money with claims they are a subordinate equity position. The Cyprus pattern of seizure (as was done with MF Global) will continue to expand to guarantee banks holding derivatives do not face bankruptcy but, naturally, the elite will be exempt.

INCREASE DEFICIT SPENDING

Democrats quickly contributed to Fed profit by deficit spending with a social agenda including conservation projects, WPA, food stamps, housing assistance, medical care, and such while the Republicans of the “Old Right” were more frugal. Murray Rothbard relates /39 that Joe McCarthy unwittingly helped open the government spigot. With Bill Buckley’s war mongering in NATIONAL REVIEW trumpeting the communist menace and red-baiting, the “New Right” increased government deficit spending on militarism. That not only gave direct profit to the owners of the Fed but also profited the manufacturing members of the CFR. “[T]he more (Murray Rothbard) circulated among these (National Review) people, the greater (his) horror because (he) realized with growing certainty that what they wanted above all was total war against the Soviet Union; their fanatical warmongering would settle for no less.” Rothbard concludes Buckley had been a CIA agent and NATIONAL REVIEW was a CIA operation. (id 161, 169.)

Mr. Buckley did not reveal the Soviet Union was the result of $60 Million invested by JP Morgan to finance the “cheapest revolution I every bought.” The Bolshevik Revolution relied upon crucial U.S. government assistance to get the two kingpins to Moscow. The prize for Morgan (a shill for the Rothschild family) was the world’s largest hoard of gold held by the murdered Czar. The USSR was a straw enemy controlled out of Manhattan but ballyhooed as a need to build an indispensable U.S. military power. /40 The 1945 Communist expansion in the Far East was also a deliberate U.S. foreign policy. /41 After the collapse of Communism, the war mongering was packaged as protecting the U.S. from terrorism. The CIA is invariably found supplying arms to at least one faction of the acts of terrorism. Frequently, the tyrant being deposed had been pressured to purchase military armament from the U.S. — with U.S. (taxpayer) subsidized money of course. If the first customer does not buy, the second one will and then the CIA will threaten the first. General Smedley Butler was recruited by Wall Street to run for President in the 1930‘s. He chose instead to reveal their perfidy. 42

The election of either political party into control of Congress then carries the potential to be used to profit Wall Street. Politicians love to spend somebody else’s money to buy votes at home and let the next generation pay the hidden cost of it. Whether it is money for a medical program, or a new bridge, or to build solar panels, or a new airport, or sports stadium with matching funds from state or local governments, the debt is financed through Wall Street and the piper does not play for free. Wall Street does not demand economic ventures backed by the government to be cost effective.

Corruption by politicians in the United States is eliminated by definition. Campaign contributions, lobbyist’s gifts and perks, and insider market tips are defined by law to be legal — or result in winks. Some surveys suggest the group with the fastest increase in net worth is politicians. Opposition to legislation favorable to Wall Street will find political opponents with huge campaign war chests. And thus, for a few pieces of silver, are politicians intimidated to sell the birthright of the Nation, but much influence can be made without even being elected.

REVOLVING DOOR EMPLOYMENT

Numerous Goldman employees have worked for the U.S. government in key positions. They include Barack Obama with Goldman being his largest campaign contributor ($884,907). An unknown freshman congressman was able to get elected President, and reelected, without a birth certificate (a record of live birth available to a parent upon request without a doctor’s certification was offered) or challenge by either political party – and with judicial immunity. The Manhattan office of both political parties agreed to the plan. The Barack Obama record of constitutional trampling, of unrestrained spending, of claims of executive immunity from accountability, of consolidating all political power within the executive penumbra, is unprecedented. /43 A lengthy list of Goldman employees who moved to government positions has been compiled. /44 Should pundits conclude Goldman already controls the U.S. government?

Hank Paulsen (ex CEO of Goldman, sometimes Paulson) as Secretary of the Treasury begged Congress for $700 billion to save his $500 million in Goldman stock from bankruptcy with the pretense of saving American International Group (AIG) and the Nation. /45 Paulsen also eliminated more than $200 million in taxes with his brief government employment. Goldman received more than $14 billion from the bailout of AIG. More than a $1.5 billion benefit went to Goldman from the “fiscal cliff” settlement of December 2012. /46 Goldman borrowed $784 billion from the Fed between 2008 to 2010, while 953 employees received bonuses over a million dollars.

An extensive listing of putative criminal actions by Goldman, including deliberate fraudulent actions that caused the 1929 collapse, has been compiled. Goldman created derivatives and MBS are identified as causes of the current chaos. /47

CONCLUSION

The U.S. government is facilitating a national self-destruction for the benefit of Wall Street’s megalomaniac obsession. The pattern has been field tested by the IMF and WB for decades and is now being used in Europe. The $20 trillion U.S. debt is the end goal collection.

Every dollar of the $20 trillion national debt has been a profit for the Fed hidden by the FRBNY. When the economy slows as debt instruments (derivatives, MBS) are exposed as worthless (market value is destroyed), more deficit spending is required to “stimulate” the economy (read– maintain the status quo by inflating values and buying derivatives and MBS to rescue TBTF Wall Street banks). Stocks (owned by the rich) increase in value from inflation but fixed assets (CD’s, life insurance, etc., owned by the middle class) lose value. The stumbling economy causes reductions in tax revenue which defunds social programs (i.e., austerity) while the public is told the government debt is inviolable. Seizure of assets in bank accounts and DTCC will occur. The government will have a fire sale of government assets to Wall Street — on the financiers’ terms — as in Greece. Owners of the Fed will acquire the entire United States and the people will be paupers — just like in Haiti.

2 Michael Chossudovsky, GLOBALIZATION OF POVERTY AND THE NEW WORLD ORDER; cf: Google WAR BY OTHER MEANS video by John Pilger for the rape of the Philippines; VICIOUS CIRCLE OF DEBT AND DEPRESSION by Ismael Hossein-zadeh; PERPETUAL POVERTY: by Doug Bandow.

Rate this:

Share this:

Like this:

LikeLoading...

Related

This entry was posted on Friday, March 3rd, 2017 at 9:17 AM and is filed under World Politics. You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.

Post navigation

Sign up for email updates

EDUCATE THE MASSES

“Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty.”
Thomas Jefferson.

PATRIOTIC PERSEVERANCE

“It does not take a majority to prevail…but a rather irate, tireless minority, keen on setting brushfires of freedom in the minds of men.” ~Samuel Adams

A HOMELESS NATION

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property - until their children wake-up homeless on the continent their fathers conquered. Thomas Jefferson - 1802

GOOD ADVICE

UNAVOIDABLE CONCLUSION

“The most dangerous man to any government is the man who is able to think things out...without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, and intolerable.” FL. Hamer

INTELLECTUAL COURAGE

'Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death." S. Rasmussen

ARE YOU A FOOL? TAKE THE TEST!

A man is a fool who trusts his rights to lawyer, his soul to a preacher, his health to a doctor, his wealth to a banker, and his happiness to a government. By Anonymous

REASONS FOR OPTIMISM

“It is only human to seek reasons for optimism, and to find comfort in self-delusion. We have to believe we're going to be "just fine", because the alternative is too painful, and painfully unacceptable”…….(Unknown)

IMMUTABLE LAWS OF HUMAN NATURE

"The only way to maintain progress without chaos within a society is to have changeable social values that are tied to unchanging principles."
Marilyn Barnewall